Nebius Group, an Amsterdam-based AI infrastructure firm, said it will add a 310-megawatt data center in Lappeenranta, Finland, a project it estimated at more than US$10.0 billion as demand for AI computing rises.
The company said Finnish developer Polarnode is already building the site, which would be Nebius’ 10th location, and is scheduled to come online in phases from 2027.
Nebius said the facility will be used to train AI models and run AI applications, will not be tied to a single customer, and it also said it has recently won work worth more than US$40.0 billion in total involving Microsoft and Meta.
The project would be Nebius’ largest outside the US, above its planned 240-megawatt site near Lille in France, and Nebius said it could eventually account for about 10% of its contracted capacity once completed..
🔗 Source: Reuters
Originally written by: Diya Lal
Source: Tech in Asia
Published on: 31 March 2026
Link to original article: Nebius to build $10b AI data center in Finland
